Every year it seems there is a new wave of cyberattacks. And whether the targets are government agencies, retailers, critical infrastructure or financial services, it seems no industry is immune. It's not surprising that cybersecurity is often thought to thwart attacks and block bad things from happening. This is, of course, a critical part of any implementation.
But it's not the ultimate benefit of cybersecurity.
The value of cybersecurity is in its enablement. Cybersecurity provides the trust organizations need to open their business technology systems and to share data and infrastructure with their customers, suppliers and other members of their extended value chain.
The Cybersecurity Challenge and Opportunity
Cybersecurity is as big a challenge as it is an opportunity. According to some estimates, cybercrime costs companies in the United States about $114 billion a year. That number is more like $338 billion when the costs of the downtime caused by cybercrime are factored in, according to Gen. Keith Alexander, director of the National Security Agency and commander of the U.S. Cyber Command.
To fully protect your business, consider these six items:
- Integrate cyber with business processes. By making it part of the business process, it becomes a standard for the corporation.
- Evaluate your current cybersecurity position. With more than 17 percent of data breaches coming from social engineering, it's important to have a full understanding of your current situation.
- Look for third-party managed services; doing it all yourself can become costly. Utilizing a third party with deep expertise gives you access to more advanced tools and techniques than can normally be afforded internally.
- Plan for disruption and possible disasters; they are inevitable. Being prepared for a fast recovery is key to keeping the business running.
- Control access to systems and information. The majority of data breaches occur immediately after employees leave the company. Maintaining strong control over access rights is critical to enterprise security.
- Be prepared for incidents that result in loss of data or create denial-of-service attacks. Responding to incidents quickly will minimize business disruption.
CSC offers a broad portfolio of cybersecurity services. We employ more than 1,700 IT security practitioners armed with subject matter expertise, best practices and advanced security technologies. As a result, CSC has helped more than 250 clients overcome advanced threats.
Our Offerings provides address the six areas all organizations should be addressing. Learn more about how CSC enterprise security services can boost your CyberConfidence™ today.